Investing in the Machines
Investing in internet companies is relatively straight forward. Find good people with a good idea, and let the programming begin. But what about all of the other industries out there? I recently read a post by GigaOM’s Stacey Higginbotham, titled “RIP Microprocessor Startups” discussing the issues and significant costs involved with chip-maker startups. A quote from her piece: “I don’t want to believe it’s the …